Shares of cloud-based e-commerce software provider ChannelAdvisor surged in their debut, as enterprise software makers continue to draw investor attention.» Read More
Ireland said on Tuesday it was not to blame for Apple's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits.
May 21- Best Buy Co Inc reported weak quarterly sales on Tuesday and warned that a slew of investments to entice shoppers could squeeze profits in the near term. The results showed that Best Buy might need to cut more costs to be able to compete more effectively with the likes of Wal-Mart Stores and Amazon.com.
Some of the names on the move ahead of the open.
*U.S. Senate subcommittee says Apple paid no tax on $29.9 bln dividends. DUBLIN, May 21- Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits stashed in Irish subsidiaries.
SAN FRANCISCO, May 21- Amazon.com Inc has been given a security clearance by the U.S. government that will make it easier for federal agencies to use its cloud computing services. The accreditation covers all AWS data centers in the United States, the company said on Tuesday.
SYDNEY, May 21- Microsoft Corp is expanding its services for hosting and processing online data in Australia with the establishment of two new "cloud" computing data centres in the country. Such cloud computing, pioneered by Amazon.com Inc, is a fast-growing business for Microsoft and has attracted other big tech names including Google Inc..
In the wake of Yahoo's announcement on Monday that it's snapping up Tumblr for $1.1 billion, the attention has shifted to which companies could be next.
LONDON, May 20- British Prime Minister David Cameron on Monday told Google's Executive Chairman Eric Schmidt and other business leaders that he expected their companies to pay their taxes in exchange for benefiting from low tax rates.
It's a long time coming, but TV content is showing up on non-TV screens like never before, and people are willing to pay for it. Whatever will become of cable?
Cloud computing remains a major secular trend in technology, but investors may not fully appreciate the benefits for Amazon and Google.
*Microsoft set to unveil new Xbox Tuesday. *Xbox key to Microsoft's broader push into consumers' lives. SAN FRANCISCO/ SEATTLE, May 18- Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry.
SAN FRANCISCO, May 17- Target Corp said on Friday it opened a new San Francisco office to track down technology companies that can help the second-largest U.S. retailer grow its online commerce business.
SAN FRANCISCO, May 17- Amazon.com Inc decided not to turn pilot project "Zombieland" into a full TV series, but is going ahead with " Alpha House," as the world's largest online retailer enters the next stage of its foray into original video creation.
The blurring of the line between what you watch on TV and what you stream over the Internet continues to get hazier, TheStreet.com reports.
In the past few months several new names have come into the spotlight. Here are a few of them...beyond the big three to watch.
eBay rose $1.01 or 1.8 percent, to $56.81. Yahoo rose$. 02 or. 1 percent, to $26.60. Zynga Inc. rose$. 02 or. 6 percent, to $3.39.
eBay rose$. 85 or 1.5 percent, to $56.65. Google rose $8.40 or. 9 percent, to $912.27. Groupon Inc. rose$. 12 or 1.7 percent, to $7.06.
Being audited is scary. Not knowing if you might be is almost as bad. Here is a roadmap to how the IRS decides on candidates for examination.
LONDON, May 17- Internet retailer Amazon.com Inc. will be called back to the British parliament to clarify how its activities in the UK justify its low corporate income tax bill, two lawmakers told Reuters.
Google faced angry questions on Thursday from British lawmakers investigating its tax affairs and whether it had misled parliament in testimony last year.